Asia300

Maruti Suzuki India Ltd.

India

  • 1m
  • 3m
  • 6m
  • 1y
  • 2y
  • 5y
May 29, 2017
Prev close: 7,133.55
May 29, 2017
Market cap:
Market cap(USD):
2,154.90B
33,414.53M
Shares: 302.08M

Currency in INR

Company profile

Market(Ticker): BOM(532500)
Sector:
Industry:
Consumer Durables
Motor Vehicles
Full time employees: --

Business summary

Maruti Suzuki India Ltd. manufactures, purchases and sells of motor vehicles, automobile components and spare parts. The other activities of the company comprise facilitation of pre-owned car sales, fleet management and car financing. The company is a subsidiary of Suzuki Motor Corp. It offers various brands including Maruti 800, Omni and Eeco brands; international brands, such as Alto, Alto-K10, A-star, WagonR, Swift, Ritz, Ertiga, and Estilo; off-roader vehicles under Gypsy; SUVs under Grand Vitara brands; and sedans under SX4, Swift DZire, and Kizashi brands. Maruti Suzuki India was founded on February 24, 1981 and is headquartered in New Delhi, India.

Company background

Maruti Suzuki India, the country's No. 1 automaker, controls more than 40% of the domestic passenger car market.

The company started out as a state-run entity called Maruti Udyog in 1981. The following year, with the government actively promoting foreign investment in India, Japan's Suzuki Motor came on board as a joint venture partner.

The Japanese automaker gradually increased its stake in Maruti Udyog and turned it into a subsidiary in 2002. In 2007, the Indian government unloaded all of its remaining shares and the company was renamed Maruti Suzuki.

Although Maruti Suzuki is widely thought of as an Indian company, Suzuki owns a majority stake.

The company runs two factories in the northern state of Haryana. It has capacity for more than 1500,000 vehicles. Suzuki, meanwhile, is setting up an auto plant in the western state of Gujarat, scheduled to come onstream in 2017. This facility will be operated by a new, wholly owned Suzuki unit, rather than Maruti, but its output will be marketed by the Indian carmaker.

Although it focused on compact hatchbacks for years -- its Maruti 800 became an icon -- Maruti Suzuki now has sedans and sport utility vehicles in its lineup as well.

In the news

Financial highlights

Mar 2017

  • Local currency
  • US Dollar
Revenue 680,850M
Gross profit 164,822M
Operating income 77,542M
Income before tax 99,544M
Net income 75,099M
EBITDA 103,581M
Diluted EPS 248.64
Dividends per share 75
Total assets 519,605M
Total liabilities 148,700M
Total equity 370,751M
Operating cash flow --

Currency in INR

Revenue 10,153.29M
Gross profit 2,457.93M
Operating income 1,156.35M
Income before tax 1,484.46M
Net income 1,119.92M
EBITDA 1,544.66M
Diluted EPS 3.70
Dividends per share 1.11
Total assets 8,001.92M
Total liabilities 2,289.98M
Total equity 5,709.57M
Operating cash flow --

Currency in USD

Valuation measures

Mar 2017

PER 24.22
ROA 16.25%
ROE 23.17%
Operating margin 11.38%
Profit margin 11.03%

Key executive

  • CEO, Executive Director & Joint Managing Director: Kenichi Ayukawa
  • Chief Financial Officer: Ajay Seth
  • Executive Officer-Information Technology: R. Uppal
  • Secretary & Chief Compliance Officer: Ravi S. Aiyar
  • Executive Director-Services: Pankaj Narula

Share holders

  • Suzuki Motor Corp.(56.2%)
  • Life Insurance Corp. of India(5.6%)
  • HDFC Asset Management Co. Ltd.(1.2%)
  • Abu Dhabi Investment Authority (Investment Management)(1.2%)
  • The Vanguard Group, Inc.(1.1%)
  • BlackRock Fund Advisors(0.9%)
  • JF Asset Management Ltd.(0.8%)
  • Birla Sun Life Asset Management Co. Ltd.(0.7%)
  • Fidelity Management & Research Co.(0.7%)
  • UTI Asset Management Co. Ltd. (Investment Management)(0.7%)

Address

  • Website: http://www.marutisuzuki.com
  • Address: Plot No. 1, Nelson Mandela Road, New Delhi, 110070, India
  • Phone: +91.11.46781000

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